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LONDON - British consumer morale rose to its highest level in more than 12 years this month, continuing an upward trend which economic polling company GfK said could boost Prime Minister David Cameron's hopes of re-election in May 7's election.

LONDON - A lack of specialist advice to all but the well-off leaves a plethora of pitfalls lying in wait for the millions of British pensioners looking forward to their impending freedom to choose where to invest their retirement savings.

LONDON - British mortgage approvals hit a six-month high in February, rising for a third straight month and suggesting the housing market could start to regain momentum, Bank of England data showed on Monday.

FRANKFURT - The Bank of England expects its next move in interest rates to be an increase not a cut despite record low inflation, Bank of England Governor Mark Carney said on Friday, underscoring his difference of view with the Bank's chief economist.

LONDON - Funds that mimic strategies used by active managers for a fraction of the cost could be forced to carry a health warning by regulators who are concerned they may pose greater risks than are being disclosed.

LONDON - British house prices rose in March by the smallest annual amount since September 2013, figures from mortgage lender Nationwide showed on Friday, adding to signs the country's housing market is cooling.

LONDON - Three Bank of England policymakers said on Wednesday they saw little chance of a cut in interest rates in the face of tumbling inflation, distancing themselves from the position of the central bank's chief economist.

LONDON - Mortgages approved by British banks rose in February for a second month in a row, adding to signs that a slowdown in the British housing market may have bottomed out, the British Bankers' Association said on Wednesday.

LONDON - The government announced it would top up first-time buyers' savings to help them buy a home on Wednesday, building on the success of its "Help to Buy" equity loan scheme that has boosted the property market since it was unveiled two years ago.